Michaël van de Poppe updates his analysis on Ethereum (ETH) as it hits an all-time high of $4,428. Drawing attention to ETH, although there are coins like SHIB and DOGE on the agenda, the analyst told his followers that the second largest cryptocurrency by market capitalization turned resistance into support and seems ready to gradually go towards a price of $ 5,000.
Not SHIB! He shared his analysis for ETH
Michael van de Poppe, for ETH, which recently reached an all-time high, “Well done, ETH. It has made a good S/R (support/resistance) turn and is likely ready to continue towards $5,000.” However, van de Poppe believes Ethereum may correct before it rises. Its latest chart shows ETH consolidating before another rally starts around the new year.
Following Ethereum’s new high, closely-watched crypto investor Inmortal says that anyone who buys ETH makes a profit, and those who collect it when the price is cheap are “on the right side of history.” “I can’t help but remember that two years ago ETH was at $100 and everyone was saying that this coin would fail. I saved up despite fear and you know what? It’s an honor to be on the right side of history.” cryptocoin.com As we have also reported, ETH made ATH with $4.467.
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